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FOX Business
Oct 5, 2012 6:00pm EDT
obama look good before the election. the obama administration firing back calling such charges ludicrous. what is the real story? joining me now, former white house chief economist and labor department commissioner keith hall, moody's chief economist, john lonski, and carried from call bomb capital management. welcome to you all. very curious. nearly a half percent move in the an employment rate on just 114,000 jobs growth in the month surprising to jack welch, former ceo of ge. here is what he said. >> well, and the last two months we have gone from 83-81. now we are going to 7.8% by changing the numbers assumptions. like. i don't know if -- what the right number is. i tell you, these numbers don't smell right when you think about where the economy is right now. gerri: gary, to you first. is the bls giving as ps? >> it is the bs. look. three months ago i said that even if we got newt we would be under 8% because the politics of it. we saw 30 days ago the fed announced a open ended printing of money to get asset prices up, and they say 50 days before election, this one is a joke. if you
FOX Business
Oct 5, 2012 12:00am EDT
started in 2009. the administration did not, the obama administration didn't encourage it. in fact just the opposite. then the arab spring restarted two years later in tunisia, morocco and egypt, et cetera, et cetera. melissa: yeah. we're reading about people, you know hoarding milk, hoarding bread. not buying meat because they don't want to waste their money on it. we see pictures i'm sure we'll show you of people in the streets rioting. we had several people on yesterday said we don't want to topple this regime. that is not in america's best interest. is that true? >> i don't think so. there is one argument out there with trying to topple the regime, all the demonstrations the regime will double down on efforts to get nuclear weapons. i'm a big believer, you have two crummy options with iran. bomb iran and start a regional war. let iran get a bomb and have nuclear arms race. there has to be a third option, economic warfare and that's what we're using. melissa: how does that proceed? what is the best case scenario? what should we be rooting for? >> we should root for toppling this
FOX Business
Oct 5, 2012 9:20am EDT
review after the company cut expectations. hewlett-packard 14.79. the obama administration's environmental policy shutting down coal plants and that means no more jobs for blue collar americans in the coal fields. we found out exactly how many jobs coal is losing after the break. [ male announcer ] how do you trade? with scottrader streaming quotes, any way you want. fully customize it for your trading process -- from thought to trade, on every screen. and all in real time. which makes it just like having your own trading floor, right at your fingertips. [ rodger ] at scottrade, seven dollar trades are just the start. try our easy-to-use scottrader streaming quotes. it's another reason more investors are saying... [ all ] i'm with scottrade. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etan
FOX Business
Oct 5, 2012 7:00pm EDT
ambassador to libya and three other americans. the man who broke the story that the obama administration knew it was a well-planned terrorist attack within 24 hours. daily beast writer, eli lake, joins us. governor romney campaigning today in virginia and florida riding high off the debate performance renewing enthusiasm in the republican party. new posts debate poll numbers show m the governor closing the gap with the president. fox news, chief political cor responsibility carl cameron with our report. ♪ >> a month before election day, and unemployment below 8% for the first time in the obama era, obama called it too little, too late because so many stoppedded looking for work. >> the truth is, if the same number of people were participating in the work force today as when the president was elected, unemployment would be 11%. >> romney says his plan creates long term jobs rather than part time work to get the unemployment under 8%, 32 days before the election. >> i will help create 12 million new jobs and rising take home pay. romney's debate performance is rising in po
FOX Business
Oct 4, 2012 10:00pm EDT
. too bad the leaders, journalists , terrorists, and passers-by beat them to the scene. is the obama administration getting? author, former federal prosecutor andrew mccarthy joins us. it philadelphia, a high-school teacher makes a student go home because of a t-shirt. was the teacher acting in a medley? was she really acting? governor mitt romney -- >> people having a hard time right now. middle income americans and the president's policies middle income americans have been very -- did just been crushed. lou: the governor's performance change the outcome of this presidential election? the "a-team" is here with their debate reviews. want to try to crack it? yeah, that's the way to do it! now we need a little bit more... a little bit more vanilla? this is great! [ male announcer ] at humana, we believe there's never been a better time to share your passions... because the results... are you having fun doing this? yeah. that's a very nice cake! [ male announcer ] well, you can't beat them. [ giggles ] ohh! you got something huh? whoa... [ male announcer ] humana understands the value o
FOX Business
Oct 5, 2012 5:00pm EDT
. which means most effective employment program the obama administration has been able to come up with is persuade people to leave the labor force. mr. obama managed to drive down number of adults that want a job. that is a great way to drive unemployment down. i would think the other guest would consider that. melissa: gary, last word before we go. >> look the employment rate has risen in last few months. there is no doubt about that. i don't understand this labor force participants rate idea. yes the participation rate is lower when the economy was expanding strongly. yes, that's true but the fact of the matter is, employment has been rising over the last three years, period. it is just not rising fast enough to put a big a dent in unemployment rate as we would all like to see, period. melissa: gentlemen, great discussion. thanks for coming on. have a great weekend. >> bye-bye. >> take care. melissa: forget "carmageddon". people in california may not be able to drive in the first place. you remember we told you yesterday how pipeline and refinery shutdowns have caused a spike in pric
Search Results 0 to 5 of about 6